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Al Qemam inks nearly SAR 3m deal for data management, robot design

Al Qemam inks nearly SAR 3m deal for data management, robot design
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ALQEMAM
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Riyadh – Mubasher: Al Qemam for Computer Systems Company has signed a SAR 2.70 million contract with World of System and Software Company to develop business intelligence and data management platforms for one of its clients.

The contract, which was penned on 13 November 2023, holds a duration period of 60 days and will cover the designing of public service robots as well, the company said in a statement to the Saudi Exchange (Tadawul).

Al Qemam pinpointed that the deal is expected to reflect on its revenues during the first half (H1) of 2024.

It is worth mentioning that World of System and Software is a related party in which Al Qemam’s Chairman, Wasel bin Abdullah Alwasel, holds a 5% stake.